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Cash Budget Wallace Inc. collects 30% of its sales on account in the month of the sale and 70% in the month following the sale.
- Cash Budget
- Wallace Inc. collects 30% of its sales on account in the month of the sale and 70% in the month following the sale. If sales on account arebudgetedto be $559,000 for September and $470,000 for October, what are the budgeted cash receipts from sales on account for October?
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Bookkeeping All In One For Dummies
Authors: Consumer Dummies
1st Edition
1119094216, 978-1119094210
